This article analyzes the role of corporate in-house counsel in compliance. The rise of corporate counsel — most prominently, the Chief Legal Officer — has been accompanied by the growing demands of regulatory compliance and the emergence of the compliance profession. We examine the...

While Enterprise Risk Management (ERM) has emerged as a focus of attention in the context of corporate governance in recent years, the implementation of ERM by Small and Medium-Sized Enterprises (SMEs) has garnered relatively little attention from lawmakers and regulators. To rectify this gap,...

Compliance is a core concern for corporate governance. Firms devote tremendous amounts of money, personnel, and attention to ensure compliance with regulatory mandates — and yet compliance failures proliferate. This is because the current static and binary view of compliance hinders both...

A publicly-held corporation maintains a system of governance through separation of ownership and control of the firm. Under this framework, corporations attract capital and repatriate profits to their shareholders under the authority vested in the board of directors. However, significant...